About Author:
1 Confirmation with Jeff and Dave
Ashwath is a financial market and technology junkie. He is a cryptocurrency investor, trader, and enthusiast. He has expertise in market psychology and explaining complex technology in a simple way. He aims to battle misinformation in the cryptocurrency space.
If you asked someone in 2013 what the Bitcoin/cryptocurrency ecosystem would look like in 2019, they probably envisaged a future where they procure housing, food, and everything else with seamless cryptocurrency payments. Unfortunately, the market hasn't scaled to this level yet, but as reported by Bloomberg, adoption is growing and is highly...
Tom Kanazawa, CEO of Amaten, a gift card company, believes that 2020 is going to be a vital period for blockchain adoption, especially in Japan. With this opportunity right in front of him, Tom believes that the time is ripe to shift his company's business model onto the blockchain. Amaten...
RippleNet, the network of financial institutions and payment providers using the Ripple ledger, has hit a milestone of 300 institutional customers from 45 different countries. On top of that, On-Demand Liquidity (ODL), which uses XRP to eradicate pre-funding capital requirements, has seen 7x growth from the end of Q1 2019...
China has reversed their stance on cryptocurrency mining within the country, leaving the door open for increased clarity and competition. The Chinese government had previously included "virtual currency mining" on the list of banned items in the Catalogue of Industrial Restructuring Guidelines that will be enforced from January 1, 2020....
Hong Kong announced a progressive policy implementation last year that would allow fund managers to invest in crypto assets. This hasn't produced expected results as only one fund has been confirmed to have cleared the regulatory hurdles set by the Securities and Futures Commission (SFC). According to Reuters, several funds...
Michael Novogratz, the founder of Galaxy Digital and former global macro hedge fund manager for Fortress Group, has admitted that the exuberance in crypto got the best of him, and he is factoring in a more realistic outlook on the market. He remains positive on the potential of cryptocurrency and...
Regulators in Europe have called on the European Central Bank (ECB) to explore the feasibility of launching a digital currency for the bloc. Supranational agencies and governments, alike, have labeled stablecoins - especially Libra - a potential menace to financial stability. As per documents seen by Reuters, the proposed draft...
RealT, a real estate tokenization platform based in the United States, has announced that one of their properties, 9943 Marlowe St in Detroit, is being listed on Uniswap to gradually roll out their vision of bringing liquidity to the real estate market. As a naturally illiquid market, this is a...
Rajnath Singh, the Union Minister of Defence for India, told envoys from 80 countries that in the age of information, the newest technological innovations will serve as the means of modern warfare. As per the Times of India, Singh believes warfare is evolving from land, sea, and air to cyberspace...
John Griffin and Amin Shams, two well-known forensic researchers, have built on their previous research which accused Tether (USDT) of single-handedly causing the 2017 bitcoin rally. According to research shared with Bloomberg, the two have found that when BTC decreased in a certain increment on Bitfinex, one single whale exerted...
Once beloved, now forsaken, BitConnect was the hottest thing in the market for a good year before the broader market realized this was a wolf in sheep's clothing. People all over the world fell victim to the exuberance of the scheme, offering a whopping one percent daily compounded yield. BTCManager...
Once again, the curious case of Craig Wright has surfaced in Florida's Southern District Court. Just like previous encounters, this one also involves Craig Wright and his counsel scurrying to find the means to block Ira Kleiman's attempts to dig deeper into the situation. Wright claims he gave Ira's brother,...
Multi Collateral DAI (MCD) is currently on schedule for its November 18 rollout. However, the term 'collateralized debt position' or 'CDP' is being phased out. As per MakerDAO's recent announcement, CDP is changing to "Vault," along with a few other terminology changes to evade confusion in the ecosystem, November 1,...
The Basel Committee on Banking Supervision is one of the most important regulators for global banking standards. As per the Basel III norms, set by the committee in the wake of the 2008 financial crisis, banks are supposed to hold a requisite amount of liquid capital based on the risk...
Brave browser, a privacy promoting browser, and blockchain-based encyclopedia Everipedia have announced a marketing collaboration agreement whereby both brands will market the other to their respective communities. Brave will create advertisement banners for Everipedia on their community page and articles on Brave and their vision will be highlighted on Everipedia,...
